On December 12, 2023, Durable announced that it raised US$14 million in a Series A financing round. This round was led by Spark Capital with participation from Torch Capital, Altman Capital, Dash Fund, South Park Commons, Infinity Ventures, and Soma Capital. Durable plans to utilize the funding towards accelerating its product roadmap, building deeper AI capabilities, and expanding its team.
Durable, based in Vancouver, develops AI tools that improve efficiency and drive sustainable growth for small business owners.
Osler, Hoskin & Harcourt LLP advised Durable with a team consisting of Riley Graydon, Mark Longo and Michelle Wong (Emerging and High Growth Companies).